The "Give to Enable Scholarship Act" establishes a scholarship program aimed at supporting individuals with disabilities through the creation of the Give to Enable Scholarship Fund, which will be managed by the State Treasurer. This fund will accept contributions from private individuals and entities, providing financial support for qualified individuals with disabilities to cover their disability-related expenses. The program is set to commence on January 1, 2026, with the application process overseen by the State Treasurer.

Additionally, the bill amends section 77-2716 of the Revised Statutes Cumulative Supplement, 2024, to allow for deductions from federal adjusted gross income for contributions made to the Give to Enable Scholarship Fund, alongside existing provisions for contributions to the Nebraska educational savings plan trust and the achieving a better life experience program. The bill also introduces various tax adjustments for federal adjusted gross income calculations, including phased reductions for social security benefits, full exclusions for military retirement benefits, and exemptions for cancer benefits received by firefighters, effective from 2021 to 2026. Furthermore, it allows for the exclusion of income from the Segal AmeriCorps Education Award and provides tax relief for individuals with medical debt discharged under the Medical Debt Relief Act, with specific provisions for members of the Nebraska National Guard starting in 2025. The original section 77-2716 is repealed as part of these updates.

Statutes affected:
Introduced: 77-2716